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20121202
20121210
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Search Results 0 to 20 of about 21 (some duplicates have been removed)
. >> mitch mcconnell told us that he laughed out loud when geithner presented the proposal to him. that says it all. stuart: so you think that they will not cave? >> no, i actually think they will cave. stuart: they are? >> the democrats have the upper hand here. we just had an election. raising taxes on the wealthy, as he calls people who make over $200,000 a year. he won the election. they have a mandate. >> the republicans have a lot of leverage. the president wants to have a successful second term. if he allows us to fall off the fiscal cliff that we could fall into a very deep recession. >> if he allows us to fall over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the presid
: did you see mitch mcconnell said he burst out laughing at the president's proposal. somebody sent me a picture of a galapagos turtle. >> i'll have the last laugh. i'll live to be 370 years old. >> stephanie: okay. federal spending is rising at the slowest pace since dwight eisenhower brought the korean war to an end. >> meaning it is rising at the fastest pace. ever! >> just by way of comparison, in the twine fiscal year, the last of george w. bush's presidency, the fiscal year goes -- federal spending rose by 17.9% from the 2.98 trillion to 2.52 trillion. in fiscal 2010, the first budget under obama spending fell 1.3% to $2.36 trillion. >> you say that like it's's good thing. i'm flabbergasted. >> who uses the word flabbergasted anymore? >> stephanie: john boehner. >> cracky. >> stephanie: the big surge in federal spending happens in fiscal 2009 before obama took office. the 2009 fiscal year which republicans count as part of obama's legacy isn't that handy? brought on by george w. bush. >> flabbergasting
this issue off the table and show leadership. you found that mitch mcconnell, the senate minority leader, has criticized john boehner. john boehner should not be concerned about losing his job. he should be concerned about doing his job. his job is that of the american people. i do not want to get caught up in the sound bites. at least bring some kind of leverage, some kind of balance to this crisis. host: "in new york times" this morning -- guest: what does he have to negotiate? there are three options. you could allow the tax cuts to expire december 31. you can cancel some or all of the tax increases and spending. that would accelerate a dive back into a great recession or depression. in the first quarter, we would have very little difficulty in distinguishing ourselves from the crisis that is in gulf and europe and especially greece. the other thing we could do is come to a midline course of action where you could actually -- what can you minimally due to cut spending? what can you minimally due to have shared sacrifice so everyone is sacrificing something in this game? the other thing we
's a number of republicans up to mitch mcconnell, the republican leader who believed they would be in the majority today if not for some of the candidates. >> there's a little bit too much demoralization, everybody's so -- very similar to what it was like after the 2004 election, when george w. bush was elected and liberal democrats saying, oh, my gosh, we're never going to win another election, i always caution people are conservative like me, look, republicans can make a come back, they can win in 2014 and 16. you shouldn't abandon your basic principles, in my view that would be the worst thing to do. >> the tea party has said, look, we're for smaller government, less government interference. >> we have this historical battle between thomas jefferson and alexander hamilton going all the way back to that point, how much government do we want or not want. but on an optimistic note, we always seem to manage to get beyond this. >> congress is busy at work and just not on the fiscal cliff. ac, they've been committed to putting clients first. helping generations through tough times.
criticism. mitch mcconnell wouldn't publicly endorse boehner's plan, while jim demint says it would destroy jobs. at the same time, the kkr co-chairman and ceo henry kravis says uncertainty is the main reason why investing isn't happening right now. he says many companies are rushing to close deals before the end of the year, concerns about whether the capital gains tax will rise. he says the fiscal cliff shouldn't be a big issue, and if businessmen got into the room they could solve the problem much faster than congress. >>> adding his tuppence, he says they'll have to get used to it and the fiscal cliff is one of the reasons. >> we have structural influences that speak to the deleveraging, speak to aging demographics of the boomers, that speak to globalization and technology, all of which have been labor and job unfriendly. >> joining us with his views, the senior european economist at jeffries international. before we talk about europe, i'm just wondering if bill gross is right there, what kind of impact is that going to have for everybody else? >> well, in terms of the fiscal cliff, it
to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding war for my favorite bank analyst. i love dick bove. speaker he is in purgatory. a billion dollars unauthorized trade was described as a rogue trader. presumption of innocence, he was arrested earlier in the week. take the firm, the firm has been closed down since then. dick bove has been in purgatory. sources are telling us bove reseed essentially 17 offers to join him, he is now down to five, he has contracted form in five firms. he believes he'll be making the decision on which of these five firms he will go to in the coming days. he says he is close to a deal to revitalize the firm, said he would stay with rockdale. if i tell you this. said he is t has to ma
by the sugar bowl. anyway, a few points of mitch mcconnell. but what about the folks that don't want to do that and can't do that? they want to take a course, online course fiscal year an online credit the school over you. we should credit courses so we're not discriminating against allowing people to us acquire skills in that setting. i think we have to reform our loan programs to reflect the 21st century students. the second thing i would do is make sure we have more information. that's what i spotted the right to know before you go act. before you take out his welcome students will be given information about just how long it'll take you graduate, this is how much you can expect to make if you graduate with this degree, and this is how much you will have to go in student loans. if you still want to get their philosophy major, that's fine, but it doesn't a lot of money and you will '01 hundred 50 grand. >> we have not heard republicans talk much about this. the weekend governor bobby jindal said republicans needs to stop being stupid party. spent i don't know about that. i think the chall
.m. eastern on c-span 2. in the senate today, harry reid and mitch mcconnell went back and forth on fiscal cliff issues. there is part of their exchange. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the
to capitol hill, which they said was not serious. you had mitch mcconnell try to bring up the geithner-obama plan for a vote. check this out. >> this the president's proposal was made in good faith our friends should be eager to vote for it, so i'm surprised the majority leader just declined the chance for them to support it with their votes. so, i guess we're left to conclude that it couldn't even pass by a bare majority of votes and that they'd rather take the country off the cliff than actually workout a good-faith agreement that reflects tough choices on both sides. >> reporter: so there you had senator mcconnell trying to demonstrate that the president's plan didn't even have enough support from his own party. this morning on the floor you had the majority leader harry reid and senator mcconnell talk ago little football, perhaps a sign they are lightening things up and trying to move things forward. jenna: maybe. are they the only two that talk. the floor always looks empty, mike, is it just the two of them back and forth, is that what is going on? >> reporter: they come through,
-- i do stand mitch mcconnell came over to the republicans and told them not to support the disclose act. everybody has to say except the people have to hide behind what they call public interest. disclose -- amend the constitution, reform campaign finance -- take it all the way down and in force. in force the law. -- enforce the lot. one of them is one we would like to introduce -- they have been part of putting this approach together. it is that we will have a federal law -- this is something we can do in terms of elections. people should have the opportunity to vote -- it would encourage early voting and vote by mail so that the voting would not be suppressed by limiting the number of machines and number of hours and days. we think that would have an impact on policy. and more people who can vote. --t comes back to the abc's american made, buil the infrastructured, cut taxes on the middle-class come and at the dd the d -- the dare. >> there is no house because the republicans have left town -- what is your response? >> i did reference it. i thank you for bringing it up again. why
. >> the reaction from republicans? this from a spokesperson for senate minority leader mitch mcconnell saying the president wants the ability to raise the debt ceiling whenever he wants for as much as he wants with no responsibility or spending cuts attached. this is an idea opposed by democrats and republicans alike. it is a power grab that has no support here. so while we're stuck on thinking about tax rates increases versus revenue, this fiscal cliff issue much larger. talks about the debt ceiling and what that means for next year. treasury saying that sometime early next year they will run out of those extraordinary measures and the u.s. will have to raise the debt ceiling or default. back to you. ashley: very good point. rich edson in d.c. thanks very much. tracy: our next guest says, forget taxes. washington needs to focus on cutting entitlement spending if we want to prevent a battle between old and young americans. diana further got roth, senior fellow at man hat taken institute and joins us now. diana, seems to me raising the retirement age is the simplest thing you could do yet we'r
-span.org. 8:00 eastern on c-span, negotiations on the fiscal cliff. we'll hear from harry reid and mitch mcconnell. c-span3, the impact of hurricnae ane sandy. a bipartisan group of senators spoke to reporters today about the civil war in syria and the potential use of force against the regime of bashar al-assad. >> good afternoon. i'm here with my colleagues from the senate, senator lieberman, senator gramm. -- graham. we are deeply disturbed by reports that bashar al-assad may have lionized -- weaponized some of his stores of chemical and biological agents and prepare them for use in aerial bombs. these reports also suggest that his forces are awaiting orders to use these weapons. if true, these reports may mean that the united states and our allies are facing the prospect of an eminent use of weapons of mass destruction and syria, and this may be the last warning we get. time for talking about what to do may now be coming to a close, and we may instead be left with an awful and it's very difficult decision. whether to continue on the sidelines and hope that a man who has slaughtered n
proposed. thanks, everybody. >> republican senate minority leader mitch mcconnell also talked about the so-called fiscal cliff on the floor of the senate. >> when the two parties were set down to discuss the so-called fiscal cliff, it was widely assumed by republicans that obama and democrats badly wanted to avoid it. that was the premise that any possible agreement hedged on. that was the common goal, or so we thought. of the past couple of weeks, it has become increasingly clear to many of us that we were simply wrong about that. incredibly, many top democrats including the president seemed part perfectly happy to go off the cliff. that is why the president has been more interested in campaign rallies and actually negotiating a deal. it explains why the president is now stubbornly insisting on raising tax rates when he himself said just last year that you could raise more revenue from capping deductions and closing loopholes. them or balance. it's about an ideological campaign that most americans thought would have ended on november 6, and that's also why the president sent secretary gei
boehner, you know, mitch mcconnell, for their sort of volley back? >> reporter: hi, brooke. well, they're saying ready anytime. the clock is ticking and it's ball's in the republicans' court. here is what jay carney had to say a few minutes ago. listen to this. >> making vague promises about achieving revenue through capping deductions or closing loopholes, simply doesn't add up to a serious proposal. we haven't heard which deductions they would cap or which loopholes they would close. >> so that's the white house's position. now, they are waiting to hear about what the republicans would do, what kind of detailed proposal they would offer. the republicans, brooke, for their part are insistent they want to hear about the president's willingness to do entitlements. how much more they would do to cut spending and whether the white house would be willing to scale back on some of those extra spending measures, more dollars the president wants the government to put out next year, that were in some of secretary geithner's proposal last week, brooke. >> let's go back over that so everyone is o
limit to the executive branch? hello? it doesn't help that it was mitch mcconnell who put this in place last year and, of course, now calls it outrageous power grab. when you give this administration an inch, it takes ten miles or a marathon. that's what they're doing here. >> gretchen: so you say it's a violation of the coalition. i want to move on to what you're deeming the merry croniness, christmas? >> merry croniness, that's right. >> gretchen: you know what? it saddens me to dismantle the word christmas by saying croniness. but explain what it is. >> it's christmas for obama bundlers. this is the annual ritual, the patronage rewards for his biggest 1% elitist donors and there have been reports now over the last week that anna winter, the fashion famous vogue editor who raised hundreds and hundreds of thousands of dollars for team obama, not just this year action but during the first term as well, is being considered for an ambassadorship for britain. and this is along with several other bundlers who have raised each more than half a million dollars for obama over the last campaign
where it's going to come from. well, david does. but the speaker and mitch mcconnell are speaking very vaguely about revenue. they're not talking about specific revenue, where it comes from, they're not talking about specific cuts. they're simply saying, we're willing to raise revenue. well, that's great. why? what the president did this last week is he put a plan on the table and say, here is my plan. if you have a better plan, i want to see it. right now, wa he's doing, he's shadow boxing. they're saying things rhetorically, but they're not putting any specific -- >> it's december 3rd. >> it's december 3rd. >> but my concern is, the president put a big number on the table with regard to taxes and a small new number on the table with regard to spending. we are mixing things. we have to avoid the fiscal cliff, do a meaningful down payment on spending and taxes, build a bridge to a grand bargain. the big deal is going to be done next year. this year, the objective ought to be in the short-term reduce the deficit for next year and our long-term goals, baselines are gains. they could be m
on the debt ceiling. mitch mcconnell has something out there from the middle of 2011 that's a potential compromise, where you don't have the fight about the debt ceiling every time the president proposes it. congress can with 2/3 override it and the republicans can maybe say they're not happy with the progress or maybe you have triggers along the way so you don't have the debt ceiling fight every time as long as the expense agreement cuts that have been reached are hit along the way. there's a potential compromise on that one as well. it's a very important topic and it's not going to get done if both side don't walk away. >> neither side can do this by themselves. >> no. >> both of them can go over the cliff. >> but neither side can reach an agreement. >> with real consequence. >> i know. but even howard dean said we might have a recession, but it would be worth it because we'd finally clear the debt. >> i'd like to see some real math. "the washington post" laid out that tim geithner i think is a great guy, but $44 billion in his savings that he found was just because they pushed a paym
Search Results 0 to 20 of about 21 (some duplicates have been removed)

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